Connect with us

Business

Minister of Finance and National Planning Situmbeko Musokotwane unveils a K167.3 billion 2023 national budget

Published

on

THE New Dawn Administration has unveiled its 2023 national budget which will be funded from both external and internal sources such as grants, loans and revenue through tax collections.

Speaking in Parliament yesterday afternoon, Minister of Finance and National Planning Situmbeko Musokotwane said Zambia will not fail but will take inspiration from countries which were poor, but have upgraded to first class.

Dr Musokotwane has since announced that Zambia is now back in business to ensure that the country attains development.

He said the New Dawn Government has laid a stable condition foundation to facilitate growth of the country.

Dr Musokotwane announced that to compliment the already recruited health personnel and teachers, government will next year also recruit 4,500 teachers and 3,000 health personnel.

He also announced that government will also among other developmental programs reintroduce meal allowances for university students on bursary.

Dr Musokotwane further rubbished social media claims that government will remove Farmers Input Support Program (FISP,) because of the implementation of the International Monetary Fund (IMF), stating that infact the program will instead be refined to give way to better targets for farmers.

He further bragged that government has secured USD$300 million from the World Bank to develop farm blocks around the country.

“Let me make it clear that we are borrowing this money on soft terms and it will help create more jobs, diversification and value addition and not borrowing this money to buy fire tenders,” he said on a lighter note.

Dr Musokotwane further said there will be no loadshedding because the aspiration of government is to provide electricity for all.

He also reiterated that government is working on strategic road networks for a better country and that roads such as Lusaka-Ndola dual carriage, Chingola-Solwezi road and the Ndola-Mufulira road would be worked on using the Public Private Partnership (PPP).

(Mwebantu, Saturday, 1st October, 2022)

Business

๐ŸŒโœจ๐Ÿ‡ฟ๐Ÿ‡ฒ Live Streaming Now: Summit for Democracy in Zambia 2023 ๐Ÿ‡ฟ๐Ÿ‡ฒโœจ๐ŸŒ

Published

on

By

Join us NOW as we bring you an exclusive live-stream of the ๐’๐ฎ๐ฆ๐ฆ๐ข๐ญ ๐Ÿ๐จ๐ซ ๐ƒ๐ž๐ฆ๐จ๐œ๐ซ๐š๐œ๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ in the Republic of Zambia.๐Ÿ‡ฟ๐Ÿ‡ฒ

Be a part of this momentous event as global leaders, activists, and academics come together to discuss pressing issues, share innovative ideas, and build a stronger democratic future for all. ๐ŸŒ๐Ÿค

๐Ÿ”ด ๐“๐จ๐๐š๐ฒ’๐ฌ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

๐ŸŒŸ Opening Ceremony & Keynote Speakers
๐ŸŒŸ Panel Discussions on Democracy, Human Rights, & Rule of Law
๐ŸŒŸ Youth Engagement & Women’s Empowerment
๐ŸŒŸ Strategies for Combating Disinformation & Safeguarding Elections

๐Ÿ’ฌ Engage with us by using the hashtag #SummitForDemocracy2023 and share your thoughts, questions, and ideas as we strive to promote democratic values worldwide. ๐Ÿ“ฃ

Tune in now and let us know where you are watching us from? ๐ŸŽฅ๐ŸŒ๐Ÿ‡ฟ๐Ÿ‡ฒ#SD42 #Zambia

Continue Reading

Business

Copperbelt Gears Up for Its Inaugural Motor Show: A Vision of Innovation and Opportunity

Published

on

By

Copperbelt Province is set to host its first-ever Copperbelt Motor Show, following the success of the Lusaka Motor Show, an event that has been running for the past 11 years. The most recent Lusaka Motor Show took place at East Park Mall Piazza in November 2022, attracting over 60 brands. Beginning this year, the organizers will be expanding their reach by hosting shows in both Copperbelt in May and Lusaka in October.

The Copperbelt Motor Show will be held at the luxurious Garden Court Kitwe Hotel, a property located in the heart of Copperbelt, from May 5th to 7th, 2023. The General Manager of Garden Court Kitwe has expressed excitement about hosting the event, which not only creates a platform for the motor and mining industry but also promotes local tourism. Many exhibitors from Lusaka are expected to attend and participate in the grand event, and the hotel is proud to be a partner in the Copperbelt Motor Show.

As the largest motoring exhibition the Copperbelt has ever seen, the show will feature the latest cars, trucks, buses, bikes, batteries, tyres, lubricants, tracking facilities, spare parts dealers, insurance providers, road safety, mining equipment, and leasing. A section dedicated to classic cars will also be available, catering to automotive enthusiasts and collectors alike.

The show aims to attract a broad audience from across the Copperbelt Province, providing a platform for buyers and sellers to connect directly. Dealers can address their clients’ concerns firsthand and offer tailored solutions. The event also presents an excellent opportunity for procurement heads and directors to compare prices, quality, durability, and other factors of various products, as many brands will be offering exclusive deals and offers.

Director Mr. Bobby Singh has acknowledged the overwhelming response from their followers, with comments describing the event as “history in the making.” This feedback has motivated Singh and his team to create a platform that benefits everyone involved.

The Copperbelt Motor Show is poised to positively impact economic growth by creating jobs, increasing demand, and fostering networking opportunities that can transform into business ventures. As the region prepares for this groundbreaking event, the Copperbelt Motor Show is set to become a staple in the Zambian automotive and mining industries, driving innovation, collaboration, and growth for years to come.

Continue Reading

Business

FIFA Womenโ€™s World Cup Trophy Tours Zambia. As MultiChoice hosts the prized trophy

Published

on

THE FIFA Womenโ€™s World Cup Trophy has touched down in Zambia as part of the global tour by FIFA as a build-up to the Womenโ€™s World Cup games.

The spellbinding journey – which, for the first time, is offering all 32 qualified nations the chance to see Womenโ€™s footballโ€™s biggest prize up close before the football show kicks off in Australia and New Zealand from 20th July 2023 to 20th August 2023. Zambia is one of the 32 nations that have qualified for the 2023 FIFA Womenโ€™s World Cup.

The event to welcome the celebrated trophy was held at MultiChoice Zambia and speaking at the occasion Leah Kooma, Managing Director at MultiChoice Zambia said, โ€œThe FIFA Womenโ€™s World Cup Trophy tour is in many ways a great initiative for everyone who loves football. It has provided a great chance for football fans, particularly in Zambia, to be close to one of the most iconic symbols in Womenโ€™s footballโ€.

She added, โ€œWe have the world cup right here, the girls have qualified and just this means the girls stand a chance to bring the cup back to Zambia.โ€

MultiChoice will carry live all the games of the FIFA Womenโ€™s World Cup tournament on your World of Champions, SuperSport both on DStv and GOtv platforms. The live broadcast of the World Cup games will avail many Zambian fans and the rest of the continent an opportunity to watch and follow their favorite game in the comfort of their space.

The trophy tour gives football fans around the participating countries the opportunity to get ready to taste the feeling of the most anticipated sporting event โ€“ the 2023 FIFA Womenโ€™s World Cup.

The first leg of the FIFA Womenโ€™s World Cup Trophy Tour kicked off in Morocco before heading to South Africa and then Zambia. The trophy will conclude its African tour on 26th March in Nigeria before heading to South America.

Continue Reading
Advertisement
Advertisement
Advertisement

Mwebantu on Facebook

ยฉ Copyright ยฉ 2023 Mwebantu. All Rights Reserved. Zambia's leading Social news platform.